# XFuel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xfuel

- Industry: Renewable Energy
- Headquarters: Dublin, Ireland
- Website: www.xfuel.com
- Total disclosed funding: $3.9M
- Latest round: Series A (Jan 6, 2026)
- Investors on record: 12

## About

Based in Dublin, Ireland, and founded in 2022 by CEO Nicholas Ball and COO Jose Antonio Perez Rojas, XFuel Limited has developed a technology that produces sustainable and net-zero road, marine, and aviation drop-in fuels from sustainable waste sources in manufacturing, construction, forestry, and agriculture. In January 2026, XFuel Limited raised an undisclosed amount of series A funding from new inventors Nippon Yusen Kaisha, Stolt Ventures, Wagner Carbon, Audacy Ventures, Mitsubishi Corporation, Future Planet Capital, Light Ray Ventures and Overlap Holdings with participation from returning investors Union Square Ventures, Yes VC, AENU and SOSV. Other unspecified investors also participated in the round. The round was part of a larger USD 20 million in series A funding.

The company provides biosynthetic fuel that complies with diesel regulations such as EN590 and ASTM, playing a major role in global decarbonization, across the automotive and haulage sectors as well as in other industries like shipping and aviation.

XFuel Limited plans to use its proceeds from January 2026 funding to scale its drop-in fuel technology and expand deployment across global shipping markets.

## Funding rounds

- Series A, Jan 6, 2026 — Union Square Ventures, Mitsubishi Corporation, SOSV, Nippon Yusen Kaisha, Future Planet Capital, Yes VC, Audacy Ventures, AENU, Overlap Holdings, Stolt Ventures, Light Ray Ventures, Wagner Carbon
- Series A, Feb 3, 2025 — SOSV
- Seed, Feb 25, 2022, $3.9M — Union Square Ventures, SOSV, AENU

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series A
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A
- AENU (https://capitalatlas.ai/funds/aenu) — Seed, Series A
- Mitsubishi Corporation — Series A
- Nippon Yusen Kaisha — Series A
- Future Planet Capital (https://capitalatlas.ai/funds/future-planet-capital) — Series A
- Yes VC (https://capitalatlas.ai/funds/yes-vc) — Series A
- Audacy Ventures (https://capitalatlas.ai/funds/audacy-ventures) — Series A
- Overlap Holdings (https://capitalatlas.ai/funds/overlap-holdings) — Series A
- Stolt Ventures (https://capitalatlas.ai/funds/stolt-ventures) — Series A
- Light Ray Ventures (https://capitalatlas.ai/funds/light-ray-ventures) — Series A
- Wagner Carbon (https://capitalatlas.ai/funds/wagner-carbon) — Series A